Tritax London Logistics Fund (TLLF) has completed the acquisition of two industrial and logistics assets located in attractive Greater London sub-markets.
AIR Industrial Estate, Heathrow, is a 162,549ft² new-build mid-box estate, while Chiltonian Industrial Estate, Lewisham, comprises 114,594ft² across 26 multi-let industrial units, with existing tenants including Toolstation and Screwfix.
Both AIR Industrial Estate and Chiltonian Industrial Estate reflect TLLF’s focus on well-specified assets with asset management potential that are located in supply-constrained urban submarkets.
Fuelled by the rapid growth of e-commerce, last-mile logistics, multi-let estates, last-mile hubs, and strategic mid-boxes continue to demonstrate long-term occupational demand and strong rental growth prospects.
TLLF intends to improve the sustainability credentials at both sites in line with its ambition to be BREEAM ‘Excellent’ across its portfolio.
Totalling over £130 million, the two transactions build on a transformational 15 months for TLLF since its relaunch in June 2025 and demonstrate further momentum against the Fund’s strategy to capitalise on a high-growth segment of the UK real estate market.
In total, the Fund has now made four acquisitions totalling over £200 million since relaunching, representing over 400,000ft² of additional industrial and logistics space.
With these two recent additions, TLLF’s portfolio now comprises 22 assets, totalling over 2.4 million ft², valued at over £950m.
Nick Ireland, fund manager for Tritax London Logistics Fund, said: “These acquisitions reflect our disciplined strategy to offer investors exposure to Greater London’s most resilient industrial and logistics submarkets.
“Both assets benefit from the significant supply/demand imbalance within the M25 and offer strong rental growth potential.
“We are excited to build on our positive momentum and further diversify our portfolio as we deliver on our growth ambitions for the Fund.”
